Sentences with phrase «benefit means the a percentage»

Graded death benefit means the a percentage of the death benefit will be available during the first 2 years.

Not exact matches

Putting off benefits for even a year or two will ensure the retiree starts out at a higher amount, which means each cost of living adjustment (from 5 reasons to delay social security) will be higher, as it is based off a percentage of the benefits received.

The chained CPI is roughly distributionally neutral across income groups for revenues and Social Security benefits, meaning that households at various income levels see after - tax income or Social Security benefits affected by similar percentages (Tax Policy Center, 2013; Social Security Administration, 2012).

This means that the largest percentage of babies will benefit by following their guidelines.

Most importantly, while retirement benefits are meant to balance out lower wages, only a small percentage of teachers will actually experience the generosity of a full - career pension.

Conversely, the meaning of «salary or wages» is relevant to calculating the individual superannuation guarantee shortfall in a quarter where the employer has not provided, for the benefit of that eligible employee, superannuation contributions to the prescribed percentage of that employee's OTE.

(Meaning of Defined Benefit Scheme is — A plan / scheme in which a certain amount or percentage of money is set aside each year by a company for the benefit of the emBenefit Scheme is — A plan / scheme in which a certain amount or percentage of money is set aside each year by a company for the benefit of the embenefit of the employee.

This type of coverage usually means that the death benefit doesn't apply for the first two to three years if the death is caused by something non-accidental (like a health condition) and instead you will receive a return of premium plus a percentage.

In the next 20 years or so, you would pay in the neighborhood of $ 175,000 or more in premiums to keep that $ 75,000 death benefit to age 95 I assume when you say «the yearly premiums are getting expensive» you mean the same amount you've been paying all these years is now a much larger percentage of your monthly / annual income.

What this means is that policyholders will only receive a percentage of the death benefit for the first three years the policy is owned — until the policy reaches full or level benefits at year three.

This means that whatever percentage of the total death benefit is relegated to each child, if that child were to pass away, instead of having the death benefit being distributed amongst the other children, the family or «branch» of the deceased child will receive the funds.

Dental insurance benefits frequently have a tiered coverage model, meaning that in the first year dental insurance covers only a particular part of dental expenses and this percentage goes up in the following years.

For example, if a Registrant consistently sells their Buyer's into a new, resale, home at a higher percentage of list price, than they sell their Seller's out of their homes, say: 98 % for Buyer's and 94 % for Seller's, one needs to contemplate who really benefits from this kind of a statistical reality and what it really means!